07:41 AM EDT, 06/23/2025 (MT Newswires) -- European bourses tracked moderately lower midday Monday as traders awaited updates from the Middle East conflict, and weighed higher oil prices and prospects for disruptions in global crude markets.

Tech and oil stocks led gainers, while property issues lagged.

Investors also eyed muted Wall Street futures, and choppy closes overnight on Asian exchanges.

In economic news, the flash Eurozone composite purchasing managers index, a combination of the continent's manufacturing and services sectors, logged at 50.2 in June, unchanged from last month, but still notching above the 50-mark that separates growth from contraction, reported S&P Global.

The pan-continental Stoxx Europe 600 Index was off 0.3% mid-session.

The Stoxx Europe 600 Technology Index was up 0.7%, while the Stoxx 600 Banks Index was off 0.6%.

The Stoxx Europe 600 Oil and Gas Index was up 0.3%, but the Stoxx 600 Europe Food and Beverage Index fell 0.4%.

The REITE, a European REIT index, dropped 0.7%, and the Stoxx Europe 600 Retail Index declined 0.2%.

On the national market indexes, Germany's DAX was down 0.5%, and the FTSE 100 in London lost 0.1%. The CAC 40 in Paris was off 0.6%, and Spain's IBEX 35 eased 0.3%.

Yields on benchmark 10-year German bonds were higher, near 2.53%.

Front-month North Sea Brent crude-oil futures were up 0.4% at $76.75 a barrel.

The Euro Stoxx 50 volatility index was up 1.4% at 22.79, indicating above-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.